China Current Events

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China Current Events: June 27

Bo Xilai denies knowledge of how Neil Heywood died in China The disgraced Chinese politician Bo Xilai has told government investigators he has no knowledge of the circumstances surrounding the mysterious death of British businessman Neil Heywood, The Daily Telegraph understands.  Read more Cover up, Shanghai metro tells women An appeal by the Shanghai subway [...]

China Current Events: June 1

‘China detains hundreds in Tibet over self-immolation protests’ Hundreds of people have been detained in Lhasa after two men set themselves on fire in the Tibetan regional capital on Sunday in protest against Chinese rule, a US-based broadcaster reported.  Read more Air Pollution Fuels Hospital Visits in Hong Kong Deteriorating air quality in Hong Kong [...]

Current Events in China: May 7

Newspaper ‘apologizes’ for criticizing US in Chen Guangcheng affair A prominent Chinese newspaper has posted a cryptic apology on its microblog account, supposedly for publishing a scathing article criticizing the American government’s handling of the Chen Guangcheng affair, and appearing to suggest that it may have been pressured into writing the editorial by the Chinese [...]

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    • Aging China is becoming a swindler's paradise - Quartz April 22, 2014
      Aging China is becoming a swindler's paradiseQuartzThis week, Chinese officials released a list of the six most common illegal fundraising scams—a form of informal lending that China has recently been cracking down on—providing a snapshot of the some of the biggest worries and vulnerabilities of ... […]
    • China is a driver, not a drag, for US earnings in first quarter - Reuters April 22, 2014
      China is a driver, not a drag, for US earnings in first quarterReutersN), the fast food chain operator which gets more than half of its overall sales in China, on Tuesday reported first-quarter sales at established restaurants in China rose 9 percent, rebounding after an avian flu outbreak and a food safety scare badly ...and more » […]
    • Search for MH370 reveals a military vulnerability for China - Reuters April 22, 2014
      Search for MH370 reveals a military vulnerability for ChinaReutersChina's deployment for the search - 18 warships, smaller coastguard vessels, a civilian cargo ship and an Antarctic icebreaker - has stretched the supply lines and logistics of its rapidly expanding navy, Chinese analysts and regional military attaches ...and more » […]
    • China Mobile Profit Drops as Costs Rise With IPhone Release - Bloomberg April 22, 2014
      CNNChina Mobile Profit Drops as Costs Rise With IPhone ReleaseBloombergChina Mobile Ltd. (941), the world's largest phone company by users, posted its third straight drop in quarterly profit as expenses for subsidizing Apple Inc. (AAPL)'s iPhone and building networks increased. Net income fell 9.4 percent to about 25.24 ...No longer just a factory, […]
    • No Solution in Sight for China Shoe Factory Strike - ABC News April 22, 2014
      The GuardianNo Solution in Sight for China Shoe Factory StrikeABC NewsWorkers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas. The on-off work stoppage at ...With terms far apart, no […]
    • China's seizure of Japanese ship has pre-World War Two roots - Reuters April 22, 2014
      BBC NewsChina's seizure of Japanese ship has pre-World War Two rootsReutersThe impoundment has created unease in Japan's government, which warns that the action could affect Japanese businesses in China. It remains unclear whether the sudden ruling by the Shanghai Maritime Court would herald the seizure of more Japanese ...China Court Impounds Japa […]
    • Tesla to build cars in China - CNNMoney April 22, 2014
      CNNMoneyTesla to build cars in ChinaCNNMoneyThe country's middle class is expanding rapidly and is increasingly interested in luxury cars. China also faces a growing air pollution problem, and the government is working to encourage the adoption of electric cars. Yet much of China lacks the ...Tesla delivers first Model S in China, Elon Musk talks expans […]
    • Boeing gets $4.6bn order from China's Shandong Airlines - BBC News April 22, 2014
      BBC NewsBoeing gets $4.6bn order from China's Shandong AirlinesBBC NewsChina's Shandong Airlines has said that it has placed an order for 50 Boeing 737 aircraft, worth $4.6bn (£2.7bn) at list prices. Chinese carriers have been looking to increase their fleets to cater for a growing domestic demand for air travel. When ...Reported Boeing deal in Chi […]
    • Investigated by China's Leaders, Powerful Family Has a Defender: Its Hometown - New York Times April 22, 2014
      Wall Street JournalInvestigated by China's Leaders, Powerful Family Has a Defender: Its HometownNew York TimesThere is little sympathy for Mr. Zhou elsewhere in China, where some online dispatches on his case make coded reference to “House of Cards,” the dark American political drama available online here. Public awareness is growing that his downfall m […]
    • 'China's Warren Buffett' Selling Off His China Assets - Forbes April 21, 2014
      'China's Warren Buffett' Selling Off His China AssetsForbesLi, reputed to be the richest man in Asia, and his family have been on a selling spree in Mainland China since last August. During that time, “Superman,” his nickname because of an almost-infallible sense of market timing, has unloaded Guangzhou's ...and more » […]